QPUX vs AMUN

Comparison between Defiance 2X Daily Long Pure Quantum ETF (QPUX, ETF) and abrdn Ultra Short Municipal Income Active ETF (AMUN, ETF).

QPUX vs AMUN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QPUX(ETF)	AMUN(ETF)
Net Assets	$53M	$53M
Expense Ratio	N/A	0.25%
Max Drawdown	94.73%	0.82%
Sharpe Ratio	0.19	-1.78
5Y Beta	7.41	0.00

Net Assets

QPUX

$53M

Winner

AMUN

$53M

Expense Ratio

QPUX

N/A

AMUN

0.25%

Max Drawdown

QPUX

94.73%

Winner

AMUN

0.82%

Sharpe Ratio

Winner

QPUX

0.19

AMUN

-1.78

5Y Beta

QPUX

7.41

Winner

AMUN

0.00

QPUX vs AMUN - Historical Returns

Returns include dividend reinvestment.

Period	QPUX	AMUN
1 month	-53.03%	+0.21%
3 months	-45.74%	+0.66%
6 months	-70.80%	+1.23%
1 year	-72.96%	N/A
Max(CAGR)	-74.66%	+2.09%

QPUX

-53.03%

Winner

AMUN

+0.21%

QPUX

-45.74%

Winner

AMUN

+0.66%

QPUX

-70.80%

Winner

AMUN

+1.23%

QPUX

-72.96%

AMUN

N/A

Max(CAGR)

QPUX

-74.66%

Winner

AMUN

+2.09%

QPUX vs AMUN - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QPUX	AMUN
2026	-71.30%	+1.40%
2025	-15.90%	+0.14%

QPUX vs AMUN Drawdown Comparison

The maximum drawdown for QPUX was -94.73%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for AMUN was -0.61%, occurring on Oct 22, 2025. Recovery took 44 trading sessions.

The current QPUX drawdown is -93.62%.

Rank	QPUX	AMUN
#1	-94.73% Oct 14, 2025 - Mar 30, 2026	-0.61% Oct 21, 2025 - Dec 23, 2025
#2	-27.61% Aug 12, 2025 - Sep 12, 2025	-0.14% Feb 27, 2026 - Mar 6, 2026
#3	-23.72% Sep 23, 2025 - Oct 3, 2025	-0.13% Apr 13, 2026 - May 5, 2026
#4	-16.45% Oct 7, 2025 - Oct 13, 2025	-0.10% Jul 14, 2026 - Jul 15, 2026
#5	-7.90% Sep 19, 2025 - Sep 23, 2025	-0.08% May 5, 2026 - May 7, 2026
#6	N/A	-0.08% Feb 13, 2026 - Feb 24, 2026
#7	N/A	-0.08% Jan 16, 2026 - Jan 22, 2026
#8	N/A	-0.07% Feb 6, 2026 - Feb 13, 2026
#9	N/A	-0.07% Mar 6, 2026 - Apr 2, 2026
#10	N/A	-0.06% Jun 12, 2026 - Jun 16, 2026
#11	N/A	-0.04% Jul 2, 2026 - Jul 10, 2026
#12	N/A	-0.04% May 15, 2026 - May 22, 2026
#13	N/A	-0.04% Jun 16, 2026 - Jun 18, 2026
#14	N/A	-0.02% May 8, 2026 - May 15, 2026
#15	N/A	-0.02% Jun 2, 2026 - Jun 10, 2026

Correlation

Correlation between QPUX and AMUN is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101